The owner families are thus ensuring that the all-important influence on the development of the company will be retained even when the second generation passes on to the third. This clear commitment to continued long-term involvement ensures the desired stability in the company, clear structures and the necessary continuity. The change of name will have no effect on the other companies in the group, nor will anything change for the employees as a result of this step.
The existing Supervisory Board will continue to exist in its original form under the leadership of Supervisory Board Chairman KR Johannes Hödlmayr. The third generation has been represented in the Supervisory Board by Julian Hödlmayr since June 2022.